The San Francisco Bay Space is among the many most economically inequitable locations in America, and addressing these inequities would require shifts in philanthropic observe, a report from Northern California Grantmakers and Open Influence finds.
Funded by the David and Lucile Packard Basis, the report, Get It Proper: 5 Shifts Philanthropy Should Make Towards an Equitable Area (22 pages, PDF), discovered that simply 16 % of households personal 81 % of the area’s wealth; practically one in 4 Black and Native American residents, 18 % of Latinx immigrants, and 17 % of important staff stay beneath the poverty line; 66 % of important staff are Black, Indigenous, and other people of shade; and 33 % of all ladies of shade work in important industries. The report identifies 5 shifts in observe that call makers — together with basis board members, trustees, and executives, in addition to particular person donors — should make to align assets and drive modifications to eradicate racialized wealth gaps and foster regional vibrancy and well-being.
First, philanthropy should shift from a donor-centered decision-making course of to a community-centered course of that engages these closest to the problem and applies a racial justice framework. Second, funders should shift from a symptoms-focused strategy that solely results in short-term surface-level options to a systems-focused, holistic strategy that addresses underlying root causes whereas additionally offering direct companies. Third, funders should shift from taking particular person, remoted actions primarily based on siloed methods to collaborating to develop collective methods and drive change in a fancy ecosystem. Fourth, they need to shift from restricted capital funding to leveraged, catalytic capital funding and manage numerous sources, together with their endowments, assets of peer foundations, the non-public sector, and authorities. And fifth, foundations should implement trust-based and inclusive grantmaking practices; heart variety, fairness, and inclusion; and exhibit a way of urgency in deploying funds for long-term techniques change. The report consists of case research of how, along with the Packard Basis, Sobrato Philanthropies and the Akonadi and Castellano Household foundations applied these shifts.
“You’re not going to get the place you need together with your giving to rework this area by listening to your friends alone,” Northern California Grantmakers senior fellow Caitlin Brune stated within the report. “Our work has to emerge from neighborhood.”
(Picture credit score: Christine McCann/San Francisco Basis)